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Catherine Hershey Schools for Early Learning

RegisteredEIN 85-4322274Hershey, PAEducation and training
Income$56.7m2023-07
Spending$19.1msame year
Spent / received34%3-year average
Size in its cause98th pctEducation and training
Exempt since2021School
Employees86latest return

Analysis

Catherine Hershey Schools for Early Learning is a registered charity in United States, based in Hershey, PA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Catherine Hershey Schools for Early Learning reported income of $56.7m and spending of $19.1m, leaving 66% of income unspent that year. The sharpest change came in the year to July 2023, when income rose by 170%. Over the whole period it spent 34% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Catherine Hershey Schools for Early Learning sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include St Lukes-Jones Regional Medical Center ($56.7m), Sierra Canyon High School Foundation ($56.7m) and Pennsylvania Virtual Charter School ($56.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $5.2m (27% of expenses). At year end it held assets of $59.9m against liabilities of $5.8m, net assets of $54.0m. It reported 86 employees.

Income and spending

$0$14.2m$28.3m$42.5m$56.7m2021 Income: $02021 Spending: $3,166,57720212022 Income: $21,019,9702022 Spending: $7,344,00020222023 Income: $56,658,0092023 Spending: $19,111,1032023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
St Lukes-Jones Regional Medical CenterAnamosa$56.7m
Sierra Canyon High School FoundationChatsworth$56.7m
Pennsylvania Virtual Charter SchoolKNG of Prussa$56.4m
Bridgeprep Academy IncMiami$56.8m